Hungary: Table Linen Market 2024

Table Linen Market Size in Hungary

In 2022, the Hungarian table linen market decreased by -79.6% to $X, falling for the second consecutive year after three years of growth. In general, consumption recorded a dramatic downturn. Table linen consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Table Linen Production in Hungary

In value terms, table linen production declined to $X in 2022 estimated in export price. Overall, production saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 62% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Table Linen Exports

Exports from Hungary

In 2022, after four years of growth, there was decline in overseas shipments of table linen, knitted or crocheted, when their volume decreased by -1.6% to X tons. Overall, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 275%. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, table linen exports dropped to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 167% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell modestly in the following year.

Exports by Country

Romania (X tons), Slovakia (X tons) and Croatia (X tons) were the main destinations of table linen exports from Hungary, together comprising 63% of total exports. Bulgaria, Serbia, Italy, Spain, Switzerland, Germany and the United States lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +125.3%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) emerged as the key foreign market for table linen, knitted or crocheted exports from Hungary, comprising 33% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 14% share of total exports. It was followed by Croatia, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Romania stood at +44.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+40.4% per year) and Croatia (+21.3% per year).

Export Prices by Country

The average table linen export price stood at $X per ton in 2022, standing approx. at the previous year. In general, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Table Linen Imports

Imports into Hungary

In 2022, after two years of growth, there was significant decline in purchases abroad of table linen, knitted or crocheted, when their volume decreased by -34.1% to X tons. In general, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 74% against the previous year. Imports peaked at X tons in 2021, and then contracted dramatically in the following year.

In value terms, table linen imports contracted modestly to $X in 2022. Overall, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 36% against the previous year. Imports peaked at $X in 2021, and then shrank modestly in the following year.

Imports by Country

China (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of table linen imports to Hungary, with a combined 74% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +45.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of table linen, knitted or crocheted to Hungary, comprising 37% of total imports. The second position in the ranking was held by Turkey ($X), with a 15% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +28.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+40.8% per year) and Germany (+0.2% per year).

Import Prices by Country

The average table linen import price stood at $X per ton in 2022, jumping by 51% against the previous year. Overall, the import price, however, recorded a drastic downturn. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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